Commercialization Workshops

Entrepreneurship And Innovation Programs And Resources


Academic Programs

Certificate in Entrepreneurship and Innovation

The Certificate in Entrepreneurship and Innovation program is designed to inspire and teach students in all majors to be innovators and entrepreneurs, whether they choose careers in start-up ventures or large organizations. Through academic courses and experiential programs, students learn the theory and practice related to starting and running new business ventures. Upon completion of the requirements, students receive an official certificate and it is recorded on their academic transcripts.

Eligibility and contacts: Open to students with at least four semesters remaining in their academic programs. To participate, register for ENTR 200: Introduction to Entrepreneurship and Innovation or speak to your advisor.  For more information, visit www.purdue.edu/dp/certificate.


Entrepreneurial Learning Community (ELC)

The Entrepreneurial Learning Community is designed for incoming freshmen with a strong interest in entrepreneurship in addition to their chosen academic degree objective. Student cohorts live in a common residence hall, are scheduled in the same class divisions, and enjoy extra activities related to entrepreneurship. ELC students enroll directly into the first two courses required for the Certificate in Entrepreneurship and Innovation. 

Eligibility and contacts:  The program is open to all incoming freshmen through an application process. For more information, visit www.purdue.edu/learningcommunities or email learningcommunities@purdue.edu.


Social Entrepreneurship Initiative (SEI)

SEI offers students the opportunity to learn about entrepreneurship by focusing on the commercialization of products they have developed in partnership with a non-profit or global partner. Student teams participate in an Idea to Product® (I2P™) Competitions, where prototypes and market analyses are presented to judges who select those with the best chance of commercial success. For more information, visit www.purdue.edu/entrepreneurship.


Interns for Indiana (IfI)

IfI places high quality student interns with start-up companies, in an effort to accelerate company growth, provide students with valuable educational experiences, and keep high quality students in Indiana after graduation. Students also participate in a 1-credit seminar series which explores entrepreneurial issues and skills.

Eligibility and contacts: The program is available to students in all majors with junior, senior, or graduate student standing, and a GPA of 2.8 or above. For more information, visit www.purdue.edu/dp/learningcenter.

 

The Discovery Park Undergraduate Research Internship

DURI involves Purdue undergraduates in the innovative interdisciplinary research environment of Discovery Park. The program provides opportunities for students to work with faculty on cutting edge research projects. 

Eligibility and contacts: Undergraduate students must have at least sophomore standing with a GPA of 3.0 or above. For more information, visit www.purdue.edu/dp/learningcenter.


Biomedship

Biomedship is an educational program for biomedical engineering and MBA students interested in innovation and entrepreneurship in the context of biomedical technology. Students learn how to identify new opportunities for innovation, assess clinical and market potential, and take the critical first steps in invention, patenting, early prototyping, development of new concepts, and movement toward commercialization. The program consists of coursework and a seminar series involving lectures and discussions led by top thinkers in the U.S. medical device industry. 

Eligibility and contacts: The program targets graduate students in biomedical engineering and MBA students. For more information, go to www.purdue.edu/biomedship.


Technology Realization Program (TRP)

The Technology Realization Program teaches graduate students the principles for moving ideas and technologies emerging from the lab bench out to the marketplace. Students learn the challenges of managing the development and introduction of new ideas/technologies along with starting and managing new business ventures. For more information, visit www.purdue.edu/entrepreneurship.


Competitions

Burton D. Morgan Business Plan Competition

Purdue University's Burton D. Morgan Competition, created in 1987, is the third oldest business plan competition in the country.  Prizes are awarded in undergraduate and graduate student divisions. For more information, visit www.purdue.edu/entrepreneurship.


Purdue Life Sciences Business Plan Competition

The Life Sciences Business Plan Competition was developed to highlight breakthrough life science technologies and provide a forum for inventors, students, academics, and industry to enhance the life science innovation process via education and networking opportunities. For more information, visit www.purdue.edu/entrepreneurship.


Elevator Pitch Competition

The Certificate Program’s Elevator Pitch Competition provides students and entrepreneurs from Purdue Research Park the opportunity to pitch their business ventures in two minutes or less to a panel of judges for cash prizes. For more information, visit www.purdue.edu/dp/certificate.

Entrepreneurship Clubs

Krannert Entrepreneurship and Venture Club (KEVC)

The Krannert Entrepreneurship and Venture Club is dedicated to providing students the knowledge and resources associated with launching a new business.  KEVC accomplishes this goal by providing guest speakers, networking opportunities, advice on business plan preparation, access to start-up capital, and an opportunity for MBA students to play a role in Discovery Park's Center for Entrepreneurship. For more info go to www.mgmt.purdue.edu/clubs/kec/main.asp


Purdue Innovations

Purdue Innovations is an undergraduate student organization focused on bringing together students from different disciplines to work on advancing student innovations or business ideas, while providing networking opportunities for its members.  For more information go to www.purdue-innovations.com.


Other Resources

Business Information Resources – Krannert Library

Purdue’s Krannert School of Management library provides access to business, demographic, economic and market research data.  Information can be found at: http://www.lib.purdue.edu/mel/. For more information, contact kranlib@purdue.edu.


Purdue’s Office of Technology Commercialization (OTC)

The Office of Technology Commercialization is responsible for the commercialization of intellectual property developed at Purdue. The office serves as a resource for faculty and strives to protect Purdue’s intellectual property through patents, copyright and trademarks. It also actively markets and licenses Purdue intellectual property. OTC supports many start-up companies that were founded based on Purdue technology, and holds many entrepreneurship forums through their outreach program.  For more information, visit www.prf.org/otc.


Purdue Research Park

The Purdue Research Park was Indiana's first certified technology park and is home to the largest university-affiliated, state-of-the-art business incubator in the nation. Life sciences, information technology and advanced manufacturing ventures make up the majority of the more than 100 businesses located on the park's 591 acres in West Lafayette. For more information, visit www.purdueresearchpark.com.


Indiana Small Business Development Center (SBDC)

The SBDC helps grow the economy of Indiana by providing management assistance to current and prospective small business owners.  For more information, visit www.glsbdc.org.


New Ventures Team

The New Ventures Team is a Purdue Extension team comprised of campus specialists and county educators, who provide entrepreneurs with assistance in evaluating ideas for new business ventures. The team offers individual consultations, publications, and workshops throughout Indiana.  For more information contact www.agecon.purdue.edu/newventures/.


Agricultural Innovation and Commercialization Center

The AICC is one of ten innovation centers across the U.S. funded by the United States Department of Agriculture. Through AICC, entrepreneurs can access a series of publications related to starting and operating successful businesses. The AICC offers InVenture, an internet-based tool that guides users through the development of business plans.  It can be accessed at www.agecon.purdue.edu/planner.